The Reserve Bank of India has at last furnished the list of willful defaulters of Public Sector banks to the Supreme Court. A supreme Court bench headed by Chief Justice T.S.Thakur had asked the Reserve Bank clarifications on the reported writing off of Rs.1.14 lakh bad loans for the period of 2013-15. The intervention of the Supreme Court was warranted as Vijay Mallya who has defaulted a whooping R.9000 crore to the PSU banks absconded.

The following is the bank wise list of top bad loans written off .

State Bank Of India- Rs.21,313 crore, Indian Overseas Bank- Rs.3,131 crore, Allahabad Bank-Rs.2,109 crore, IDBI-Rs.1,609 crore, Bank Of Baroda- Rs.1,564 crore, Syndicate Bank-Rs.1,527 crore, Canara Bank-Rs.1,472 crore, UCO Bank- Rs.1,401 crore, Central Bank of India-Rs.1,386 crore.

 Some of the  firms and persons who willfully defaulted after availing loan above Rs.500 crore is given below.The list as on 31-12-2015 containing 7129 defaulters is prepared based on the information received from the Credit Information bureau.

Zoom Developers- Rs.2411 core, Winsom Diamond & Jewellery- Rs.2266 crore , Deccan Chronicle Holdings- Rs.1314 crore, King Fisher Airlines- Rs.1,201 crore( from SBI only, the total default amount of Vijay Mallya from 17 PSU banks is Rs.9,000 core), Surya Vinayak Industries- Rs.1102 crore, Beeta Naptol- Rs.958 crore, Indian Technomat- Rs.724 crore Raza Textiles- Rs.695 crore, S.Kumar Nationalwide- Rs.681 core

The total loan amount defaulted willfully during the period is Rs.70,540 core.